Pakistan among developing countries in the grip of debt problems
It needs upwards of $22bn to service external debt and pay other bills for fiscal year 2023-24
Source: dunyanews.tv
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Bangladesh being 'killed by economic conditions elsewhere': Financial Times
Bangladesh had until recently been better insulated from recent economic shocks, in part because of its successful export sector
Source: prothomalo.com
External debt servicing: Payment to peak at $5.15b in 2030
Bangladesh's foreign loan servicing burden will peak in fiscal 2029-30 with repayment of $5.15 billion, which experts deem to be very much within the safe territory -- quelling fears that the country might become the next emerging economy after Sri Lanka and Pakistan to run into external debt distress.
Source: thedailystar.net
FY23 budget: Bangladesh plans to restrict imports, borrow more from banks
FY23 budget: Bangladesh plans to restrict imports, borrow more from banks
Source: bdnews24.com
Only implementing efficiency can offset rises in foreign loan cost
As Bangladesh steps towards graduation from the status of a least developed country expected in 2026, new challenges are emerging. In 1972, food was a priority. For a few decades since then, the key focus was poverty reduction. Today, the challenge is to move upward – attaining the upper middle-income status by 2031. To achieve this vision, Bangladesh needs to create jobs,
Source: tbsnews.net